In the bustling real estate landscape of the UAE, it’s not just about buying and selling properties. Enter the realm of Value Added Tax (VAT), an essential consideration for real estate businesses. Regarding VAT on mixed-use developments, the game gets a tad...
In recent years, the United Arab Emirates (UAE) has seen significant changes in its tax system, particularly with the introduction of Value Added Tax (VAT). One of the areas impacted by this change is the labour accommodation sector. This article aims to demystify the...
In the wake of significant changes in the UAE education sector, it’s high time we delve into the intricacies of Value Added Tax (VAT) as it applies to businesses in this domain. To make informed decisions, investors navigating this evolving landscape must grasp...
If you’re a business owner in the UAE and find yourself in a situation where your input tax exceeds your output tax on a VAT return, you can claim a VAT refund. In the past, this involved filling out the VAT 311 form on the Federal Tax Authority (FTA) portal....
Value Added Tax (VAT) has been a game-changer in the financial landscape of the United Arab Emirates (UAE) since its introduction on January 1, 2018. With a standard rate of 5%, VAT plays a pivotal role in the UAE’s fiscal management, impacting both individuals...
